The script is called "D2MA" (Distance to Moving Average). It calculates the distance between the closing price and a user-selected type of moving average (MA). It also plots this distance on a chart, allowing users to see how far the price is from the chosen moving average. Users can choose to display this distance as either an absolute value or as a percentage.
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This script works very well for all assets across various timeframe charts. Good for use with scalping, long term swings, or in combination with multi-timeframe trading.
Surf the candles!